Probability Models in Operations Research

1st Edition

C. Richard Cassady, Joel A. Nachlas

CRC Press
Published September 19, 2019
Reference - 224 Pages
ISBN 9780367387044 - CAT# K450616
Series: Operations Research Series

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Summary

Industrial engineering has expanded from its origins in manufacturing to transportation, health care, logistics, services, and more. A common denominator among all these industries, and one of the biggest challenges facing decision-makers, is the unpredictability of systems. Probability Models in Operations Research provides a comprehensive overview of the probabilistic and stochastic modeling approaches commonly used to capture the randomness in industrial and systems engineering.

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